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Peloton (NASDAQ: PTON) today announced the launch of the Peloton Pro Series, the company’s all-new suite of commercial-ready equipment, including the Tread+ Pro, Peloton’s first commercial treadmill.
The exercise equipment maker is coming off four years of declining revenue due to sluggish demand. On a more positive note, Peloton is now turning a profit thanks to a series of drastic cost cuts.